Analysis of Potential EUR/USD Trading Positions Overview I had focused on the 1.1017 level and planned to make market entry decisions based on this level. Now, let’s take a look at the 5-minute chart to see what transpired. The market did rise to...
The EUR/USD currency pair has been under close observation recently. Bears, who had been strategically held back, were given an opportunity to either break even or face minor losses during a market correction. This approach wasn’t intended to...
USD/JPY Market Outlook Good Morning and Sunday Wishes Good morning, everyone! I hope you had a wonderful Sunday! Current Market Situation Sellers in the USD/JPY market are recovering from previous losses and have driven the pair down to the 146.66...
The British pound strengthened against the US dollar on Thursday, buoyed by a combination of factors. A stronger-than-expected rebound in US retail sales alleviated recession fears and improved overall market sentiment. Meanwhile, the UK economy...
EURUSD D1 Analysis Market Overview The EURUSD pair continues to exhibit a range-bound behavior on the daily timeframe. While there have been attempts to break out, the pair has consistently reverted to its trading range, indicating indecision...